Bad-debt, again, casts shadow over banks’ earnings

As the latest earnings season gets underway, speculation is, once again, growing that the persistent bad loans crisis in the banking industry may affect lenders’ performance. TONY CHUKWUNYEM writes   With several of the nation’s top lenders deeply involved debt crisis, there is little doubt that the Etisalat Nigeria crisis is set to overshadow banks’ second-quarter results season, which kicks off this month. Indeed, a Reuters report last Thursday stated that the crisis at Etisalat, which forced the regulatory bodies-Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC)-to…

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